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Loss making companies at the NSE
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote:Pesa Nane wrote:obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Flame Tree made a profit of Ksh. 40 million, if memory serves me right. Thanks for the update. Other corrections and additions are welcome Williamson Tea also reported a decent HY17 Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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arm, cables, cargeneral, deacons, eapc, eveready, express, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme
KQ ABP 4.26
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Rank: New-farer Joined: 2/8/2018 Posts: 73
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Car&General is profitable
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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RIEK01 wrote:Car&General is profitable Are you sure? https://www.businessdail...39042-13uloqy/index.html
KQ ABP 4.26
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Obiesh, wacha fitina!  You know FULL WELL Eveready declared a roaring profit for the most recent financial year. They even paid a juicy dividend that approximated to almost a whopping 50% of the value of the stock! Yaani we recovered half our monies overnight. One can argue till the cows come home HOW the profit was achieved, but unless someone repeals the definition of a profit, EVRD came through in spades.
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Which one is the biggest giant of the loss making companies, is it kurwitu?  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Angelica _ann wrote:Which one is the biggest giant of the loss making companies, is it kurwitu? Yes. In relation to the size of its business, it could proportionally be the biggest loss making entity at the NSE. It's either Kurwitu or HAL.. For more context, MSC or KQ could make a loss of KES 1B and the same would be mentioned as a minor slip into the red, while other firms could close shop! Like KQ has losses totaling to KES 82.6B over the last five years and its still operational, with an operating profit!
KQ ABP 4.26
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Angelica _ann wrote:Which one is the biggest giant of the loss making companies, is it kurwitu? Yes. In relation to the size of its business, it could proportionally be the biggest loss making entity at the NSE. It's either Kurwitu or HAL.. For more context, MSC or KQ could make a loss of KES 1B and the same would be mentioned as a minor slip into the red, while other firms could close shop! Like KQ has losses totaling to KES 82.6B over the last five years and its still operational, with an operating profit! Indeed Kurwitu is the biggest loss maker in the history of nse. Relative to size KQ loss is a profit. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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sparkly wrote:obiero wrote:Angelica _ann wrote:Which one is the biggest giant of the loss making companies, is it kurwitu? Yes. In relation to the size of its business, it could proportionally be the biggest loss making entity at the NSE. It's either Kurwitu or HAL.. For more context, MSC or KQ could make a loss of KES 1B and the same would be mentioned as a minor slip into the red, while other firms could close shop! Like KQ has losses totaling to KES 82.6B over the last five years and its still operational, with an operating profit! Indeed Kurwitu is the biggest loss maker in the history of nse. Relative to size KQ loss is a profit. Exactly! Like if GoK lost KES 100B in a financial year to the normal corrupt cartels.. Kenya would still operate like nothing happened! That's KQ, the Pride of Africa which is expected to post its first profit in 5 years, during H1 2018
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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MugundaMan wrote:obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Obiesh, wacha fitina! You know FULL WELL Eveready declared a roaring profit for the most recent financial year. They even paid a juicy dividend that approximated to almost a whopping 50% of the value of the stock! Yaani we recovered half our monies overnight. One can argue till the cows come home HOW the profit was achieved, but unless someone repeals the definition of a profit, EVRD came through in spades. @Mugush mimi sio Mungu bwana. Corrections are welcome!
KQ ABP 4.26
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